Holdings Characteristics

Ten Largest Stocks

Constellation Brands Inc 3.21%
Fiserv Inc 3.07%
Raytheon Co 3.07%
Twenty-First Century Fox Inc 2.98%
Thermo Fisher Scientific Inc 2.90%
Micron Technology Inc 2.89%
eBay Inc 2.88%
Apple Inc 2.87%
Cisco Systems Inc 2.85%
UnitedHealth Group Inc 2.79%
Total 29.51%

Portfolio Characteristics

Patriot Fund S&P 500
# of Holdings 43 506
Average Market Cap $149.9b $199.1b
Price/ Earnings Ratio 18.67x 21.20x
Price/ Book Ratio 3.0x 3.2x
Beta 0.95 1.01

Sector Diversification

Patriot Fund S&P 500
Information Technology 21.60% 24.46%
Health Care 15.89% 13.71%
Financials 14.27% 14.77%
Industrials 12.42% 10.22%
Consumer Discretionary 11.53% 12.69%
Consumer Staples 8.73% 7.66%
Energy 5.08% 5.73%
Cash 2.95% 0.39%
Utilities 1.99% 2.85%
Materials 1.95% 2.85%
Real Estate 1.69% 2.77%
Telecommunication Services 1.90% 1.92%

As-of 3/31/2018

The security holdings are presented to illustrate examples of the securities that the fund has bought and the diversity of areas in which the funds may invest, and may not be representative of the fund’s current or future investments. Portfolio holdings are subject to change and should not be considered to be investment advice.

6456-NLD-5/10/2018